"Recent media commentary that AEMO’s Integrated System Plan (ISP) does not include transmission and storage, as well as generation costs associated with providing electricity to Australian customers is wrong.
The ISP is a ‘whole of system plan’ based on rigorous economic modelling and engineering analysis. It models:
- the cost of generation, including capital and operating costs;
- fuel prices, including gas and coal price forecasts;
- the cost of different types and duration of storage - including batteries and pumped hydro storage systems; and
- the cost of transmission investments.
The plan looks at the generation mix into the future, and includes transmission and storage needed to keep the lights on."
https://aemo.com.au/newsroom/media-release/integrated-system-plan-reflects-whole-of-system-costs
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